News for 'Toubro'

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com2 Aug 2022

The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.

Sensex gains 345 points at close; FMCG, auto shares shine

Sensex gains 345 points at close; FMCG, auto shares shine

Rediff.com15 Jul 2022

Benchmark BSE Sensex rebounded by 344 points while Nifty closed above the 16,000 level in choppy trade on Friday, snapping the four-day falling streak on renewed buying interest from foreign funds and firm global trends. The 30-share BSE barometer climbed 344.63 points or 0.65 per cent to settle at 53,760.78. During the day, it jumped 395.22 points or 0.73 per cent to 53,811.37.

IT, banking, FMCG shrs lift Sensex, Nifty by almost 1%

IT, banking, FMCG shrs lift Sensex, Nifty by almost 1%

Rediff.com27 Jun 2022

Equity benchmark indices continued to gain for the third day running on Monday, with the BSE Sensex climbing 781 points in early trade, amid firm global market trends. The 30-share BSE Sensex was trading with a jump of 781.52 points to 53,509.50. The NSE Nifty also gained 228.2 points to 15,927.45.

Capex Crosses Rs 6 Trillion In December

Capex Crosses Rs 6 Trillion In December

Rediff.com10 Jan 2023

'If private capex has to kick in, there should at least be 2-3 years of visibility.'

Markets succumb to fag-end sell-off; Sensex drops 49 pts

Markets succumb to fag-end sell-off; Sensex drops 49 pts

Rediff.com3 Jun 2022

A fag-end sell-off dragged down benchmark indices in a choppy session on Friday, with the Sensex settling 49 points lower. The 30-share BSE Sensex, which traded in the green for most part of the day, came under selling pressure towards the end to close 48.88 points or 0.09 per cent lower at 55,769.23. During the day, it hit a high of 56,432.65 and a low of 55,719.36.

Sensex, Nifty rebound over 1% as financials, FMCG shares gain

Sensex, Nifty rebound over 1% as financials, FMCG shares gain

Rediff.com6 Jul 2022

Benchmark stock indices Sensex and Nifty jumped over 1 per cent on Wednesday amid foreign funds turning net buyers of domestic equities after a long gap and positive opening in European stock markets. The 30-share BSE benchmark index climbed 616.62 points or 1.16 per cent to settle at 53,750.97. During the day, it rallied 684.96 points or 1.28 per cent to 53,819.31.

Sensex climbs 284 points to settle at 55,682

Sensex climbs 284 points to settle at 55,682

Rediff.com21 Jul 2022

Benchmark indices bounced back after falling in early trade on Thursday and logged the fifth day of gain amid a decline in crude oil prices and foreign funds inflow. The 30-share BSE Sensex climbed 284.42 points or 0.51 per cent to settle at 55,681.95. During the day, it jumped 340.96 points or 0.61 per cent to 55,738.49. The broader NSE Nifty went higher by 84.40 points or 0.51 per cent to 16,605.25.

'China's aggression, Russian's unreliability, convinced India to value US'

'China's aggression, Russian's unreliability, convinced India to value US'

Rediff.com6 Jul 2023

'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'

Plinth work begins for Ram temple in Ayodhya

Plinth work begins for Ram temple in Ayodhya

Rediff.com27 Jan 2022

The third phase of the construction of the Ram temple began at Ramjanmabhoomi in Ayodhya on January 24 with the laying of the granite stones for the plinth.

Wipro, RIL, Airtel drag Sensex by 388 points

Wipro, RIL, Airtel drag Sensex by 388 points

Rediff.com12 Apr 2022

BSE benchmark Sensex plummeted over 388 points to close at 58,576.37 on Tuesday, tracking weakness in index majors Wipro, RIL and Bharti Airtel amid a weak trend in global markets. Investors also remained cautious ahead of crucial macroeconomic data announcements -- industrial production for February and inflation rate for March -- post trading hours. The Sensex declined 388.20 points or 0.66 per cent to settle at 58,576.37. During the day, the benchmark tanked 666 points or 1.12 per cent to 58,298.57.

Recovery in global markets pushes Sensex by 491 points

Recovery in global markets pushes Sensex by 491 points

Rediff.com17 Oct 2022

Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets.

Sensex pares gains to settle over 100 points lower

Sensex pares gains to settle over 100 points lower

Rediff.com5 Jul 2022

Benchmark BSE Sensex on Tuesday gave up intra-day gains to close lower by a little over 100 points on emergence of fag-end selling in FMCG, banking and IT stocks and weak opening in European stock markets. The 30-share BSE index declined 100.42 points or 0.19 per cent to settle at 53,134.35. During the day, it jumped 631.16 points or 1.18 per cent to 53,865.93.

Markets rally over 1%; Sensex jumps 632 points

Markets rally over 1%; Sensex jumps 632 points

Rediff.com27 May 2022

Equity markets extended their rally on Friday, with the Sensex and Nifty jumping over 1 per cent each, in tandem with a positive trend in global equities. Buying in Infosys and banking counters helped markets maintain their winning run. The 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66.

L&T Infotech, Mindtree announce mega merger

L&T Infotech, Mindtree announce mega merger

Rediff.com6 May 2022

L&T Infotech and Mindtree on Friday announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding $3.5 billion in combined revenue, according to a statement. The name of the combined entity will be 'LTIMindtree', the statement said. In an all-share deal, L&T Infotech will offer 73 shares for every 100 shares of Mindtree.

Private defence firms make sales pitch to generals

Private defence firms make sales pitch to generals

Rediff.com14 Oct 2021

The presence of the private sector at a prestigious military training institution is an important acknowledgement of its growing capabilities in designing and manufacturing cutting edge aerospace and defence equipment, reports Ajai Shukla.

Sensex falls 87 points on selling in IT counters

Sensex falls 87 points on selling in IT counters

Rediff.com11 Jul 2022

Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to settle at 54,395.23. During the day, it fell by 391.31 points or 0.71 per cent to 54,090.53.

Sensex reclaims 60k, Nifty tops 18k-mark

Sensex reclaims 60k, Nifty tops 18k-mark

Rediff.com31 Oct 2022

The Sensex finished above the psychologically key 60,000-mark while the Nifty surged past the 18,000-level on Monday on across-the-board buying amid a mixed trend overseas. A depreciating rupee and concerns over the US Federal Reserve hiking rates later this week failed to quell investors' appetite for stocks, traders said. The 30-share BSE Sensex rallied 786.74 points or 1.31 per cent to settle at 60,746.59.

IIT-M Scores BIG On Job Offers

IIT-M Scores BIG On Job Offers

Rediff.com16 Aug 2022

The average salary received by students during campus placements for 2021-2022 was Rs 21.48 lakh per annum. The highest salary offered was $250,000.

Selling in banking, IT stocks pulls down Sensex by 566 points

Selling in banking, IT stocks pulls down Sensex by 566 points

Rediff.com6 Apr 2022

Benchmark BSE Sensex tumbled 566 points to settle below the 60,000-level on Wednesday, dragged down by heavy selling in banking and IT stocks amid weak global trends.

Why it makes sense to keep off digital stocks

Why it makes sense to keep off digital stocks

Rediff.com22 Nov 2022

Investors seem to be shying away from stocks of companies in the 'digital' space with most counters that comprise the Nifty India Digital index giving negative returns over the past year. The index tracks the performance of a portfolio of stocks that broadly represent the 'digital theme' within basic industries, such as software, e-commerce, IT-enabled services, industrial electronics, and telecom services. The fall in some of these stocks over the past year has been steep; the sharpest decline of around 60 per cent was seen in shares of PB Fintech (parent company of Policybazaar).

India aims for defence hardware production, not assembly workshop: Rajnath

India aims for defence hardware production, not assembly workshop: Rajnath

Rediff.com13 Feb 2023

Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.

Capex on new projects declines further in Q2

Capex on new projects declines further in Q2

Rediff.com11 Oct 2022

Expenditure on new projects slowed down for the second quarter in a row amid an uncertain global environment and higher borrowing costs. There were new projects worth a cumulative Rs 3.26 trillion in the July-September period, according to data provided by project tracker Centre for Monitoring Indian Economy (CMIE). This figure is much less than Rs 4.39 trillion in the June quarter (Q1FY23) and Rs 8.46 trillion in the March quarter (Q4FY22).

Which sectors to invest in? Read what experts say

Which sectors to invest in? Read what experts say

Rediff.com16 Sep 2022

After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.

Sensex, Nifty end flat after choppy trade

Sensex, Nifty end flat after choppy trade

Rediff.com30 Jun 2022

Benchmark indices ended on a flat note on Thursday as fag-end selling wiped out intra-day gains amid weak global trends. The BSE benchmark Sensex slipped 8.03 points or 0.02 per cent to settle at 53,018.94. During the day, it had gained 350.57 points or 0.66 per cent to 53,377.54. Similarly, the broader NSE Nifty fell 18.85 points or 0.12 per cent to close at 15,780.25.

Sensex snaps 5-day rally, ends down 652 points

Sensex snaps 5-day rally, ends down 652 points

Rediff.com19 Aug 2022

BSE benchmark Sensex nursed losses on Friday as investors pocketed gains after a five-session winning streak amid a bearish trend overseas. A depreciating rupee and foreign fund outflows further soured risk sentiment, traders said. The 30-share gauge, which had started the trade on a firm note, soon gave up all the gains and finally ended 651.85 points or 1.08 per cent lower at 59,646.15. The broader NSE Nifty snapped its eight-day rally to close at 17,758.45, down 198.05 points or 1.10 per cent.

Battery scheme: RIL arm, Ola, Hyundai to get sops

Battery scheme: RIL arm, Ola, Hyundai to get sops

Rediff.com17 Mar 2022

RIL subsidiary Reliance New Energy Solar, Ola Electric, Hyundai Global Motors Company and Rajesh Exports have been approved for receiving incentives under the Rs 18,100 crore Production Linked Incentive (PLI) scheme for battery manufacturing in India, sources said on Thursday. "The ministry had received bids from 10 companies with a capacity of 130 GWh. Reliance, Ola Electric, Hyundai and Rajesh Exports have qualified for ACC batteries," a source said. Other companies which had applied for the PLI scheme for Advanced Chemistry Cell (ACC) batteries were Lucas-TVS, Mahindra & Mahindra, Amara Raja Batteries, Exide Industries, Larsen & Toubro and India Power Corporation Limited.

Army to deploy K-9 howitzers in central, eastern sectors of LAC

Army to deploy K-9 howitzers in central, eastern sectors of LAC

Rediff.com4 Feb 2022

The Indian Army had deployed the made in India guns in Ladakh in the March-April timeframe last year along with the Eastern Ladakh sector and have been found to be very effective in those areas where they can move at high speeds and reach the frontline areas quickly.

Army deploys K-9 Vajra howitzers in Ladakh, more orders possible

Army deploys K-9 Vajra howitzers in Ladakh, more orders possible

Rediff.com18 Feb 2021

As Indian Army chief General Manoj Mukund Naravane inducted the last of the 100 K-9 Vajra guns ordered, three of these howitzers have been deployed for trials in high altitude mountainous area of Ladakh.

Central Vista executive enclave's cost goes up by Rs 100 cr

Central Vista executive enclave's cost goes up by Rs 100 cr

Rediff.com27 May 2022

The estimated project cost of the executive enclave which will house a new prime minister's office (PMO) has gone up by over Rs 100 crore to Rs 1,316 crore as the CPWD floated a fresh tender cancelling its earlier one, according to the agency's bid document.

Central Vista: Rs 2,600 cr for non-residential office buildings construction

Central Vista: Rs 2,600 cr for non-residential office buildings construction

Rediff.com1 Feb 2022

A sum of Rs 2,600.99 has been been allocated for the construction of non-residential office buildings, including the Parliament and Supreme Court of India. For residential purposes, the ministry has been given Rs 873.02 crore.

Markets surrender early gains as metal stocks crack

Markets surrender early gains as metal stocks crack

Rediff.com23 May 2022

Equity indices frittered away a good start to close with modest losses on Monday, pressured by heavy selling in metal stocks after the government imposed export duties on steel-making raw materials to curb soaring prices. The 30-share BSE Sensex opened strong and gained momentum as the session progressed, but came under severe selling pressure in afternoon trade to close 37.78 points or 0.07 per cent lower at 54,288.61. On similar lines, the broader NSE Nifty slipped 51.45 points or 0.32 per cent to end at 16,214.70.

'Much Bigger Disaster Looming Ahead In Joshimath'

'Much Bigger Disaster Looming Ahead In Joshimath'

Rediff.com17 Jan 2023

'There were literally thousands of houses with cracks.' '40 percent of the town has been affected.'

CEO earnings up in tandem with profits of companies

CEO earnings up in tandem with profits of companies

Rediff.com19 Aug 2022

Mirroring the increase in the earnings of their companies, the chief executives and promoters of India's top listed firms gained handsomely from the boom last financial year. Their remuneration includes salaries, perquisites or perks, and profit-linked commissions.

'Fear continues across Joshimath'

'Fear continues across Joshimath'

Rediff.com6 Feb 2023

'Cracks continue to appear in more and more houses.' 'We believe the government is not going to tell us the truth.'

French defence firm pulls out of India's P-75I submarine project

French defence firm pulls out of India's P-75I submarine project

Rediff.com3 May 2022

Naval Group's announcement comes a day before Prime Minister Narendra Modi's visit to Paris where he is scheduled meet recently re-elected French President Emmanuel Macron.

Sensex pares early losses; ends up 231 points

Sensex pares early losses; ends up 231 points

Rediff.com28 Mar 2022

Equity benchmark Sensex pared its early losses to close higher by 231 points on Monday, helped by buying in index heavyweight Reliance Industries and ICICI Bank amid positive global trends. After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined. The broader NSE Nifty recovered 69 points or 0.40 per cent to settle at 17,222 with 29 of its constituents ending in green.

Check Out 3 Standout DRDO Weapons!

Check Out 3 Standout DRDO Weapons!

Rediff.com20 Oct 2022

Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.

Is my portfolio good?'

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Sensex slides again, loses 2778 pts in four days

Sensex slides again, loses 2778 pts in four days

Rediff.com15 Jun 2022

Sliding for the fourth straight day, the BSE Sensex shed 152 points in choppy trade on Wednesday amid mixed global cues ahead of the US Federal Reserve's policy decision.

Sensex halts 3-day decline, rebounds over 500 pts amid F&O expiry

Sensex halts 3-day decline, rebounds over 500 pts amid F&O expiry

Rediff.com26 May 2022

Equity benchmarks mustered gains for the first time this week on Thursday as investors piled into the recently-battered metal, bank and IT stocks amid expiry of monthly derivative contracts. Snapping its three-session losing streak, the 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.